Real Estate Investment Canada - Real Estate Investment Canada News

Real Estate Investment Canada News

Home on the red-hot range Tuesday, March 9, 2010 @ 10:05PMCanada's real estate market showed no sign of losing steam in February, with housing starts rising faster than expected and a new survey showing 10% of Canadians expect to buy a home in the next two years.[...]
Markets in Brief Tuesday, March 9, 2010 @ 6:48PMActavis, the debt-ridden Icelandic generic drug maker vying with Teva Pharmaceutical Industries to buy German drug company Ratiopharm, would like to float the enlarged company if it wins the auction, Actavis executives said Monday. They foresee an initial public offering in five to eight years.
Royal Host REIT Announces 2009 Financial Results Tuesday, March 9, 2010 @ 6:24PMHALIFAX, NOVA SCOTIA--(Marketwire - March 9, 2010) - Royal Host Real Estate Investment Trust ("Royal Host" or the "Trust") (TSX:RYL.UN) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) today announced results for the year ended December 31, 2009.
(AFX UK Focus) 2010-03-09 23:43 UPDATE 3-MOVES-Deutsche Bank, Zurich North America Commercial Tuesday, March 9, 2010 @ 5:56PM(Adds Deutsche Bank, Reyl & CIE, Grant Thornton, Zurich North America Commerical, Advent International, FBR Capital Markets, Alpine Capital Research)
(AFX UK Focus) 2010-03-09 23:08 UPDATE 1-Primaris Q4 FFO misses estimates Tuesday, March 9, 2010 @ 5:11PMMarch 9 (Reuters) - Canada's Primaris Retail Real Estate Investment Trust posted lower-than-expected fourth quarter funds from operations (FFO), hurt by increased costs and lower same property net operating income.
Husky Energy, Primaris Retail, Viterra: Canadian Equity Preview Tuesday, March 9, 2010 @ 4:31PMMarch 9 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading . Stock symbols are in parentheses. Husky Energy Inc.
Press Release Tuesday, March 9, 2010 @ 4:24PMTORONTO, ONTARIO--(Marketwire - March 9, 2010) - Dundee Corporation (TSX:DC.A) ("Dundee" or the "Company") is pleased to announce that the name of the Company's registered portfolio manager, Ravensden Asset Management Inc. has been changed to Ned Goodman Investment Counsel Limited ("NGIC"),reflecting the direct involvement of Ned Goodman as President and lead portfolio manager of NGIC. Widely ...
Press Release Tuesday, March 9, 2010 @ 4:07PMTORONTO, ONTARIO-- - Dundee Corporation is pleased to announce that the name of the Company's registered portfolio manager, Ravensden Asset Management Inc. has been changed to Ned Goodman Investment Counsel Limited ,reflecting the direct involvement of Ned Goodman as President and lead portfolio manager of NGIC.
Primaris Retail REIT Announces Fourth Quarter and Annual Financial Results Tuesday, March 9, 2010 @ 3:55PMTORONTO, ONTARIO--(Marketwire - March 9, 2010) - Primaris Retail REIT (TSX:PMZ.UN) is pleased to report solid financial results. President and CEO, John Morrison, commented "2009 was a milestone year for Primaris. We successfully completed the transition to the internalized management model and are well positioned for a bright future. Late in the year we completed the most significant investment ...
Primaris Retail REIT Announces Fourth Quarter and Annual Financial Results Tuesday, March 9, 2010 @ 3:45PMTORONTO, ONTARIO-- - Primaris Retail REIT is pleased to report solid financial results.
Comerica Announces $800 Million Common Stock Offering Monday, March 8, 2010 @ 3:09PMComerica Incorporated today announced that it has commenced a public offering of approximately $800 million of its common stock for sale to the public.
Whiterock REIT and ROI Awarded Investment Deal of the Year Monday, March 8, 2010 @ 1:52PMWhiterock Real Estate Investment Trust and Return on Innovation Capital Inc. as co-owners, are pleased to announce that they have been awarded NAIOP's prestigious Real Estate Excellence award for Investment Deal of the Year.
Canada's property market momentum continues Monday, March 8, 2010 @ 12:56PMCanada’s real estate market showed no sign of losing steam in February, with housing starts rising faster than expected and a new survey showing 10% of Canadians expect to buy a home in the next two years.
Scott's REIT closes previously announced purchase of Shoppers Drug Mart properties for $30-million Monday, March 8, 2010 @ 11:33AMScott's Real Estate Investment Trust announced today that it has finalized the acquisition of 12 retail properties from certain wholly owned subsidiaries of Shoppers Drug Mart Corporation .
Quadra Mining reports major Chinese investment; fourth-quarter profit Monday, March 8, 2010 @ 7:51AMA subsidiary of China's largest utility company is investing more than $1 billion for a minority stake in Vancouver-based Quadra Mining Ltd. as well as the right to joint-venture participation in major copper plays in Chile and possibly elsewhere.
CoStar's Retail News Roundup: Mar. 7 - 13, 2010 Friday, March 5, 2010 @ 4:27PMThis week in the Retail Roundup, CoStar reports on expansions or new concepts at TJX Companies and Kohl's; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Swoozie's and the Northgate Mall; acquisition, merger, loan, sale...
(AFX UK Focus) 2010-03-05 17:21 UPDATE 1-Chartwell sees modest pace of acquisitions Friday, March 5, 2010 @ 11:43AMTORONTO, March 5 (Reuters) - Chartwell Seniors Housing REIT will proceed at a modest pace in making any future acquisitions for its portfolio of retirement homes and long-term care facilities, the company said on Friday. The REIT, which operates more than 240 senior residences across Canada and the United States, also said any properties it might consider acquiring would have meet strict criteria.
Bristol-Myers Squibb to review key accomplishments at meeting with investment community Friday, March 5, 2010 @ 6:39AMDuring a meeting with the investment community today, Bristol-Myers Squibb Company will provide a comprehensive business overview, highlight positive pipeline developments and provide 2013 minimum non-GAAP earnings per share guidance.
Budget 'removes obstales' to foreign investment in Canadian tech firms Friday, March 5, 2010 @ 6:11AMReactions to the 2010 federal budget announced yesterday by Finance Minister Jim Flaherty were wide and varied in Canada's business and IT community. While some praised it for removing obstacles to foreign investment in Canadian tech firms , others panned it for meagre funding of information and communication technology (ICT) projects.
Lebour: Careful renos can increase home value Friday, March 5, 2010 @ 5:23AMThe Greater Toronto Area's spring real estate market is just weeks away and many analysts anticipate that it will be a busy one.
Toronto-Dominion Profit Rises First Time in 2 Years (Update3) Thursday, March 4, 2010 @ 9:34AMMarch 4 (Bloomberg) -- Toronto-Dominion Bank , Canada’s second-largest lender, said profit climbed for the first time in two years on higher deposits and real estate loans at its domestic consumer bank.
DOUBLE ENTRIES 16.05 Thursday, March 4, 2010 @ 8:10AMAdvert Cass Business School London has a prime London location and excellent industry links. We offer a wide choice of Specialist Masters Finance Courses including: MSc in International Accounting & Finance, MSc in Finance, MSc in Investment Management, MSc in Banking & International Finance, MSc Finance and Investment and MSc in Real Estate Investment We hold regular information sessions, why ...
High-end jobs put shine on economy Thursday, March 4, 2010 @ 7:48AMThe Canadian economy created an abundance of high-paying, high-quality jobs last year to offset the loss in the battered manufacturing sector, says a study released yesterday by the Canadian Imperial Bank of Commerce.
CWB reports exceptional first quarter financial performance Thursday, March 4, 2010 @ 7:30AMCanadian Western Bank today announced an exceptional first quarter financial performance highlighted by record earnings and total revenues and the Bank's 87th consecutive profitable quarter.
Aviva plc Preliminary Results for the Year Ended 31 December 2009 Thursday, March 4, 2010 @ 6:51AMLONDON----Aviva plc : A YEAR OF SIGNIFICANT PROGRESS WITH A STRONG RETURN TO PROFIT Strong financial performance reflects management actions Return to total profit: IFRS profit after tax £1,315m Operating profit £2,022m on an IFRS basis ; £3,483m on an MCEV basis IGD solvency surplus more than doubled to £4.5bn Group return on equity 16.2% Total dividend per share of 24 pence Proven strategy ...
TD Bank Financial Group Reports First Quarter 2010 Results Thursday, March 4, 2010 @ 6:30AMThis quarterly earnings release should be read in conjunction with our
United Way gives thanks to campaign helpers Thursday, March 4, 2010 @ 6:10AMJamie Fleming takes pride in doing the legwork needed to help the United Way of St. Catharines and District make the tough decisions it has to make each year.[...]
Feds investigate Naples man in money laundering probe tied to online gambling Tuesday, March 2, 2010 @ 1:37PMBank employees began getting suspicious when they saw many large checks issued by a Naples man’s company, according to an ongoing federal investigation. When questioned, customers cashing them explained the MCM Capital Management checks were payments from Internet Poker gambling winnings.
Malcolm Berko: No denying Goldman Sachs' success Tuesday, March 2, 2010 @ 9:14AMGoldman Sachs' success is a result of its highly connected alumni who left GS to take over Citigroup, the New York Stock Exchange, Wachovia, the Department of the Treasury, the New York Fed, the National Economic Council, the Commodity Futures Trading Commission, the Foreign Intelligence Advisory Board, the U.S. Embassy in Germany, the Bank of Canada, the Troubled Asset Relief Program, Allstate ...
Olive: Warren Buffett doesn't practise what he preaches Tuesday, March 2, 2010 @ 8:45AMWere it not for his folksy charm, Warren Buffett would long ago have been called out for following own rules when it suits him.
Canaccord Adams Inc. (US) announces Stephen Buell will join as Director of US Equity Research Tuesday, March 2, 2010 @ 6:30AMCanaccord Adams today announced that Stephen Buell will join the firm as managing director and director of US Equity Research. In this role, Buell leads a team of 32 research professionals focusing on growth companies in the energy, technology, life sciences, consumer and sustainability sectors.
Reader views (47) Tuesday, March 2, 2010 @ 5:04AMA direct result of labour's unworkable immigration policies. This is what happens when you meddle with social engineering. Labour should be tried for their crimes against the state.
Berkshire afflicted with conglomerate disease Tuesday, March 2, 2010 @ 3:46AMWere it not for his folksy charm, Warren Buffett would long ago have been called out for failing to practise what he preaches.
Australia Raises Key Interest Rate to 4% on Recovery (Update3) Tuesday, March 2, 2010 @ 1:10AMMarch 2 (Bloomberg) -- Australia’s central bank resumed raising interest rates after a one-meeting pause, judging that the economy is strong enough to withstand any impact from global investor concerns on sovereign-debt risks.
Australia Raises Key Interest Rate to 4% on Recovery (Update2) Monday, March 1, 2010 @ 11:14PMMarch 2 (Bloomberg) -- Australia’s central bank resumed raising interest rates after a one-meeting pause, judging that the economy is strong enough to withstand any impact from global investor concerns on sovereign-debt risks.
Worth the gamble Monday, March 1, 2010 @ 7:01PMNevada offers investors a dicey backdrop for stock investments. Unemployment ran 13 percent in December in the Silver State, according to the Bureau of Labor Statistics. Only Michigan's jobless rate is higher at 14.6 percent.
Canada’s economy races ahead with 5% Q4 growth Monday, March 1, 2010 @ 9:35AMCanada’s economy roared back to life in the fourth quarter, expanding at a greater-than-expected 5%, as most engines of economic growth fired on all cylinders, Statistics Canada said.
PHH Corporation Announces Fourth Quarter 2009 Results Monday, March 1, 2010 @ 6:00AMMT. LAUREL, N.J.----PHH Corporation today announced results for the three months and year ended December 31, 2009.
‘Golden Era’ May Elude Private-Equity Investors as Prices Rise Monday, March 1, 2010 @ 5:59AMMarch 1 (Bloomberg) -- Private-equity firms tell investors that the years following recessions offer the best opportunity to make money. This time may be different.
French fund invests $12 mil in Tra Vinh chemical firm Monday, March 1, 2010 @ 4:22AMVietNamNet Bridge – The Jaccar Fund Management Co's Viet Nam Century Fund will invest US$12 million in the Mylan Group, pursuant to an agreement concluded on Saturday.
The world's first-ever black female rabbi; CMHA's new headquarters; the 9-1-1 drug deal call: Whatever happened to? Monday, March 1, 2010 @ 2:05AMCleveland Heights native Alysa Stanton lives in the Bible Belt and is the resident rabbi at a small synogogue; Cleveland Metropolitan Housing Authority has work underway and Alejandro Melendez is now serving eight years in prison.
Crosby Slept Here May Bolster Vancouver Rating: Canada Credit Sunday, February 28, 2010 @ 11:28PMMarch 1 (Bloomberg) -- Sidney Crosby’s overtime goal salvaged the Canadian national hockey team’s Olympic gold-medal aspirations. Vancouver may have to count on him now to help sell condominiums to avoid a credit-rating cut.
43 blunders that have haunted the Leafs Sunday, February 28, 2010 @ 11:15PMBrian Burke said it himself: In a league of 30 teams, the odds of winning a Stanley Cup at least once in 30 years should be pretty damn good.
Investment team may seek Pistons Sunday, February 28, 2010 @ 7:13PMThe Detroit Pistons may become the target of an investment consortium that includes the owners of three U.S. pro sports franchises and is publicly fronted by a Rochester businessman.
All 43 Leafs Blunders Sunday, February 28, 2010 @ 12:08AM43. Who owns the Leafs? February 2010 The late Conn Smythe, Harold Ballard and Steve Stavro had their triumphs and their flaws in their time as the singular head of the Maple Leafs’ hockey club.
Southwest power pool to open $62 million headquarters Saturday, February 27, 2010 @ 1:06AMElectric grid coordinator Southwest Power Pool will build a $62 million new headquarters in west Little Rock adding 200 jobs at its new facility.
BPO Properties plans conversion to REIT Friday, February 26, 2010 @ 5:13PMTORONTO -- Brookfield Properties Corp unit BPO Properties Ltd will convert its structure to a real estate investment trust from a corporation, the two companies said on Friday, a move analysts said bo...
BPO Properties plans conversion to REIT Friday, February 26, 2010 @ 1:56PMThe reorganization will help the Toronto-based company be “more fairly valued in the public markets,” Brookfield said Friday
RRSPs: A plan for all seasons, Pt. II Friday, February 26, 2010 @ 1:12PMAre we headed for a bull market or another crash? If you plan well, you can prosper either way.
BPO Properties Proposes Conversion to Canadian REIT (Update1) Friday, February 26, 2010 @ 11:43AMFeb. 26 (Bloomberg) -- BPO Properties Ltd. , the Canadian unit of Brookfield Properties Corp., plans to convert to a real estate investment trust. The reorganization will help the Toronto-based company be “more fairly valued in the public markets,” Brookfield said in a statement today.